Labins v. The Charles Schwab Corporation et al

Filing 1096

REQUEST FOR RESPONSE FROM SCHWAB REGARDING INTERMEDIARY ACCOUNT SETTLEMENT FUNDING AND CASE STATUS. Signed by Judge Alsup on April 7, 2011. (whalc2, COURT STAFF) (Filed on 4/7/2011)

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In re Charles Schwab Corp. Securities Litigation Doc. 1096 1 2 3 4 5 6 7 FOR THE NORTHERN DISTRICT OF CALIFORNIA 8 9 10 IN RE: CHARLES SCHWAB CORPORATION SECURITIES LITIGATION. This Document Relates To All Cases. / REQUEST FOR RESPONSE FROM SCHWAB REGARDING INTERMEDIARY ACCOUNT SETTLEMENT FUNDING AND CASE STATUS No. C 08-01510 WHA IN THE UNITED STATES DISTRICT COURT United States District Court 11 For the Northern District of California 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 Class counsel has filed a status report regarding intermediary account settlement funding in lieu of a motion regarding the same. Counsel for Schwab shall confirm that it has no objection to Gilardi using the reserve for notice and administration costs and unforeseen contingencies, now approximating $576,000, to pay the intermediary account claims in the California class. Counsel for Schwab shall also confirm that there are no pending motions other than class counsel's motion regarding 694 exclusions and motions for final approval of the settlement and attorney's fees. Such submission shall please be made by APRIL 8, 2011, AT NOON. IT IS SO ORDERED. Dated: April 7, 2011. WILLIAM ALSUP UNITED STATES DISTRICT JUDGE Dockets.Justia.com

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